Do you ever feel overwhelmed by the debt you’re facing? Like you’re barely staying afloat with the credit card, student loan, mortgage or other payments you’re making? Maybe you feel like your mounting pile of debt is so large that you’ll never pay...
A good credit score, typically 750 or above, reflects creditworthiness and timely repayments. Conversely, a poor credit score, caused by late payments, credit report errors, etc., leads to loan rejections, higher interest rates, and limited credit card options. To improve, pay dues on...
Having a good credit score is crucial for obtaining favorable loan terms. Derogatory marks, such as late payments and bankruptcies, can significantly damage your credit. However, you can take steps to remove these marks and improve your score, like checking for errors and...
Inaccurate information in credit reports refers to incorrect or misleading details that do not reflect a consumer’s credit history accurately. These errors include personal information, account-related mistakes, outdated information, and more. Addressing these inaccuracies is crucial to prevent negative impacts on credit scores...
A number of times, we at True Credit Repair, have come across questions like “which credit card is the best” or “which bank offers the best credit card’”. Honestly, one credit card will never be better than all other cards across all categories...
Repossession occurs when a vehicle, financed through a lender or leasing company, is taken back due to the borrower's failure to make scheduled payments. This event negatively impacts one's credit score for seven years. True Credit Repair, a South Florida company, assists customers...
Bankruptcy significantly impacts your credit score, causing massive declines. The scale of the drop depends on your original score. The bankruptcy record can stay on your report for 7 to 10 years, depending on the bankruptcy type, negatively influencing future lenders' decisions. You...
Over 45 million Americans, saddled with an average student-loan debt of $40,000, contribute to the collective debt of $1.5 trillion. Nearly 25% of these borrowers struggle with repayments, with severe consequences including negative credit reports and wage garnishment. True Credit Repair offers assistance...
A charge-off, an accounting entry where a bank removes an unrepaid loan from its assets, significantly impacts a consumer's credit score and inhibits further borrowing. True Credit Repair in South Florida provides services to mitigate the damage of a charge-off and other credit...
Credit repair involves restoring a poor credit standing which may have declined due to various reasons and could involve disputing inaccuracies with credit agencies. Improving your credit standing may be complex and time-consuming but is vital as loan providers heavily rely on credit...